Equipment & Logistics News Oil & Gas

Angus estimates £7m Saltfleetby revenues for Q4

Angus Energy plc estimated revenues of £7.2 million for last year’s final quarter from Saltfleetby gas field, East Lincolnshire. PERMANENT FLOWLINE Gas volumes produced and sold equalled 7.35 mm therms in aggregate for October to December 2023, a slight decline compared with Q3 of 7.9 mm therms. Q4 operational efficiency was 87% (Q3: 90%) with gas condensate (liquid) production […]

Equipment & Logistics News Oil & Gas

Angus obtains Saltfleetby equipment but first gas is delayed

Angus Energy plc said that all equipment under firm bids from fabricators and assemblers remained within budget but first gas has been slightly delayed at its Saltfleetby gas field. Only the pipework, low budget accessories and one bespoke dehydration unit are awaiting final quotes. FIRST GAS The company now anticipates first gas at PEDL005 (51% […]

News Oil & Gas

Angus agrees Saltfleetby gas and geothermal MOU

Angus Energy plc and its partner Saltfleetby Energy Ltd (SEL) have entered into a non-binding MOU with Aleph Energy and Aleph Commodities for £12 million to develop the Saltfleetby gas field near the coast of Lincolnshire. bit.ly/2VhC7ab Aleph Energy and investment company Aleph Commodities will also procure a further £8m for a new off-site geothermal […]